Pantheon Macroeconomics - The strength in payrolls in recent months is real. The three-month moving average increase in private payrolls now stands at 280K, despite adverse seasonal adjustments totalling 91K in the fourth quarter, compared to the same period last year.

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12 Jan. 2015 - Unemployment Plunging Towards the Nairu - What Will the Fed Do?

By Ian Shepherdson

The strength in payrolls in recent months is real. The three-month moving average increase in private payrolls now stands at 280K, despite adverse seasonal adjustments totalling 91K in the fourth quarter, compared to the same period last year.

Posted: 12th Jan 2015 in 'U.S. Documents'

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